Paramount’s blocked sale of Simon & Schuster marks an early win for an emboldened DOJ’s antitrust enforcement while a reported renewed look at Live Nation could be a worrying sign for media chiefs playing a scale game. “Anybody who is looking to do sizable M&As in the media sector where you’re going to lose a player should be concerned after this,” the head of a mid-major studio, speaking under the condition of anonymity, tells The Hollywood Reporter.
Source: Fear for Your Megamergers: The Justice Dept. Is (Finally) Taking Action